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South Central Reporter

Thursday, November 14, 2024

How did home valuation prices perform in Marion County in July 2024, compared to July 2023?

Realestate3

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Adobe Stock

In July, the median sale price of a home in Marion County fell by $15,000 from the same period in the previous year, while total sales decreased by 5.4%, according to BlockShopper.com.

Data shows that there were 35 homes sold in July, with a median sale price of $80,000 - a 15.8% decrease from the $95,000 median sale price for the same period of the previous year. There were 37 homes sold in Marion County in July 2023.

For context, the median sales tax in Marion County, based on the latest available data from 2021, was $1,004, which stands at 1.3% of July's median home sale price.

The following histogram displays changes in median sales prices in Marion County from July 2023 to July 2024.

July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024$95,000$95,000$62,500$62,500$90,000$90,000$45,000$45,000$103,000$103,000$65,000$65,000$83,250$83,250$50,000$50,000$60,000$60,000$82,450$82,450$60,000$60,000$72,200$72,200$80,000$80,000

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